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In 2006, the farmhouse was sold at auction following the death of Dr. Carey A. Phillips. The 40-acre (160,000 m 2) tract of land (including the house) has been made into a cemetery now called Oak Lane Memorial Park. Prairieville is also known for the historic school Prairieville Middle, which was changed and established around the 1930s or later.
Depending on laws in your state, you might have the ability to exercise the right of redemption (meaning you can reclaim your home) up until the foreclosure sale, or even after. Step 5: Eviction
A HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD), is the insurer of loans made through a variety of government programs, particularly FHA loans .
A deed-in-lieu of foreclosure involves turning over your home to a lender to avoid foreclosure proceedings. In some instances, going this route could help you avoid paying the remaining loan ...
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
La Salle: 3 29 Lafayette: 42 30 Lafourche: 38 31 Lincoln: 29 32 Livingston: 15 33 Madison: 14 34 Morehouse: 9 35 Natchitoches: 39 36 Orleans: 192 37 Ouachita: 33 38 Plaquemines: 16 39 Pointe Coupee: 33 40 Rapides: 81 41 Red River: 2 42 Richland: 10 43 Sabine: 9 44 St. Bernard: 12 45 St. Charles: 7 46 St. Helena: 3 47 St. James: 20 48 St. John ...
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